HOUSTON – (March 21, 2022) – With global oil markets in turmoil and gasoline prices soaring around the world, an upcoming event hosted by Rice University’s Baker Institute for Public Policy will highlight how economic sanctions on Russia will affect everything from the cost of a barrel of oil to the price of gas at the pump.
World-renowned energy experts Toril Bosoni, head of the International Energy Agency’s oil industry and markets division, and Natasha Kaneva, head of global commodities strategy at J.P. Morgan, will discuss the current state of the oil market March 23.
Oil remains the world’s largest source of energy — by far — even as policymakers consider plans for an alternative energy future. The economic sanctions imposed on Russia by the United States and the European Union have pushed prices to multiyear highs amid growing fears of supply disruption. The discussion with Bosoni and Kaneva will explore questions surrounding supplies and what role governmental policy can play in addressing challenges.
What: Baker Institute event, “Oil Market Update: Taking Stock After Russia’s Invasion of Ukraine.”
Who: Bosoni will present the IEA’s latest monthly Oil Market Report, followed by comments from Kaneva. After the presentation, Mark Finley, fellow in energy and global oil at the Baker Institute, will moderate an audience Q&A.
When: Wednesday, March 23, 9-10 a.m. CDT.
Where: The event is free and open to the public, but registration is required. There are two ways to attend: register here to attend in person, or register here to attend virtually via Zoom.